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completion of Hollywood portfolio renovations

December 2008 - NNC announces that its 6 community portfolio of 625 units purchased in April 2006, has now past 80% renovation completion with over 3 million spent on renovation to date. The company expects the final completion of units to be substantially completed by year end 2009. Additional, the company announced the full completion of exterior renovation to its community in Whittier California.

Jan 2008 - NNC announces completion of Hollywood portfolio renovations. The company has completed its renovations of the 3 building portfolio purchased in Q3 2006. Each apartment home was renovated with new interior finishes and appliances while retaining the historic texture and feel of the portfolio. Exterior and common area renovations included new contemporary finishes throughout including a unified design theme enhancing the chic nature of Hollywood and the contemporary outlook of the residents.

May 2007 – NNC is pleased to announce the purchase of the Woodsong Village in Rancho Cucamonga. Woodsong encompasses 277 units and the company plans to complete a full interior exterior renovation over the next 2 years.

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Here at NNC Apartment Ventures, LLC, we focus entirely on investments in and operating apartment communities. For over fifteen years (our company formed in 1999), through cycles of economic expansion or recession, NNC Apartment Ventures, LLC has provided our residents with quality housing and our investors with above market returns.